Shares of Ganjabank for a total of 2 million manat were posted on Friday on BSE.
Emission of 1.75 million ordinary registered non-documentary shares of 20 manats passed state registration in November 2012. According to the exchange, all shares were sold in a single transaction (one investor). Underwriting was provided by Unicapital.
So far they placed 81.7 % (28,625 million manat) of the announced issue. According to the legislation, an issue is held in the case of placing a half of it.
Paid-in share capital of the bank, thus , reached 43,625 million manat. Ganjabank shareholders are four individuals, one of whom owns 58.5% of the equity. -15B-
Economics
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Azerbaijani President Ilham Aliyev has signed amendments to two presidential decrees, refining the roles and appointments of the State Customs Committee's representatives abroad, including in international organizations.
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